Should I buy or sell Gogoro stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gogoro in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GGR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GGR, but not buy additional shares or sell existing shares. View GGR analyst ratings or view top-rated stocks .

What is Gogoro's stock price target for 2024?

1 brokers have issued twelve-month price targets for Gogoro's shares. Their GGR share price targets range from $2.20 to $6.30. On average, they anticipate the company's stock price to reach $4.25 in the next year. This suggests a possible upside of 197.2% from the stock's current price. View analysts price targets for GGR or view top-rated stocks among Wall Street analysts .

How have GGR shares performed in 2024?

Gogoro's stock was trading at $2.58 on January 1st, 2024. Since then, GGR stock has decreased by 44.6% and is now trading at $1.43. View the best growth stocks for 2024 here .

When is Gogoro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our GGR earnings forecast .

How were Gogoro's earnings last quarter?

Gogoro Inc. (NASDAQ:GGR) issued its earnings results on Wednesday, February, 7th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by $0.10. The business earned $91.53 million during the quarter, compared to analysts' expectations of $89.01 million. Gogoro had a negative net margin of 21.97% and a negative trailing twelve-month return on equity of 35.86%.

What ETFs hold Gogoro's stock?

ETFs with the largest weight of Gogoro (NASDAQ:GGR) stock in their portfolio include SoFi Smart Energy ETF (SHFT) , SoFi Smart Energy ETF (ENRG) and Invesco WilderHill Clean Energy ETF (PBW) . First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) .

What guidance has Gogoro issued on next quarter's earnings?

Gogoro issued an update on its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $385.0 million-$420.0 million, compared to the consensus revenue estimate of $414.6 million.

How do I buy shares of Gogoro?

Shares of GGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:GGR

Gogoro (GGR) Stock Price, News & Analysis

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$1.43

-0.04 (-2.72%)

(As of 04/18/2024 ET)

Compare

Today's Range: $1.42
▼
$1.48
50-Day Range: $1.29
▼
$2.06
52-Week Range: $1.21
▼
$3.63

Volume: 96,137 shs
Average Volume: 249,548 shs
Market Capitalization: $351.49 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.25

Get Gogoro alerts:

Gogoro MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 197.2% Upside
$4.25 Price Target
Short Interest: Healthy
1.18% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.60
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.14) to ($0.12) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.52 out of 5 stars

Business Services Sector

223rd out of 306 stocks

Motor Vehicles & Car Bodies Industry

19th out of 26 stocks

3.0

Analyst's Opinion

Consensus Rating
Gogoro has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Gogoro has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.18% of the float of Gogoro has been sold short.
Short Interest Ratio / Days to Cover
Gogoro has a short interest ratio ("days to cover") of 8.2.
Change versus previous month
Short interest in Gogoro has recently decreased by 6.70%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Gogoro does not currently pay a dividend.
Dividend Growth
Gogoro does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GGR.

2.6

News and Social Media Coverage

News Sentiment
Gogoro has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Gogoro this week, compared to 1 article on an average week.
Search Interest
2 people have searched for GGR on MarketBeat in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gogoro insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.80% of the stock of Gogoro is held by insiders.
Percentage Held by Institutions
Only 15.87% of the stock of Gogoro is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Gogoro are expected to grow in the coming year, from ($0.14) to ($0.12) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Gogoro is -4.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gogoro is -4.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Gogoro has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Gogoro Stock (NASDAQ:GGR)

Gogoro Inc. delivers and markets swappable electric fuel and intelligent light urban vehicles. It also operates platform for battery swapping networks, and a comprehensive ecosystem of enabling technologies for the vehicles, as well as develops smart Swap and Go battery system that delivers full power to electric-powered two-wheelers. Gogoro Inc. has a strategic partnership with Foxconn. The company was incorporated in 2011 and is based in Taipei, Taiwan.

GGR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GGR Stock News Headlines

April 18, 2024 | prnewswire.com

Gogoro to Announce First Quarter 2024 Financial Results on May 9th at 8 a.m. Eastern Time

April 17, 2024 | finanznachrichten.de

Gogoro Inc: TSMC and Gogoro Introduce New Sustainable Transportation Initiatives across Taiwan

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 17, 2024 | finance.yahoo.com

TSMC and Gogoro Introduce New Sustainable Transportation Initiatives across Taiwan

March 21, 2024 | finance.yahoo.com

Gogoro Inc.'s (NASDAQ:GGR) Path To Profitability

March 19, 2024 | finance.yahoo.com

Gogoro Named by Fast Company as Asia-Pacific's #1 Most Innovative Company of 2024 and #37 Most Innovative Company Globally

March 18, 2024 | msn.com

Niu Technologies GAAP EPADS of -$0.23, revenue of $67.42M; initiates Q1 outlook

March 13, 2024 | prnewswire.com

Gogoro's New JEGO Smartscooter Sees Strong Momentum in First Week of Sales in Taiwan

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 6, 2024 | finance.yahoo.com

Gogoro to Hold Annual General Meeting on May 30, 2024

February 23, 2024 | benzinga.com

Gogoro Stock (NASDAQ:GGR) Insider Trades

February 9, 2024 | markets.businessinsider.com

Analysts Offer Insights on Consumer Cyclical Companies: Gogoro (GGR), Canadian Tire (OtherCDNAF) and O’Reilly Auto (ORLY)

February 9, 2024 | finance.yahoo.com

Gogoro Inc.'s (NASDAQ:GGR) top owners are retail investors with 54% stake, while 22% is held by private companies

February 8, 2024 | msn.com

Gogoro Inc. (NASDAQ:GGR) Q4 2023 Earnings Call Transcript

February 7, 2024 | stockhouse.com

Gogoro Releases Fourth Quarter and Full Year 2023 Financial Results

February 7, 2024 | finanznachrichten.de

Gogoro Inc: Gogoro Releases Fourth Quarter and Full Year 2023 Financial Results

February 3, 2024 | seekingalpha.com

Gogoro: Forget Latam, It's Only Big In Taiwan

January 31, 2024 | finance.yahoo.com

Gogoro and Copec to Launch Two-wheel Battery Swapping Ecosystem in Latin America

January 30, 2024 | finance.yahoo.com

Gogoro Unveils New Flagship Smartscooter, Pulse

January 22, 2024 | finance.yahoo.com

Gogoro to Announce Fourth Quarter and Full Year 2023 Financial Results on February 7th at 7 a.m. Eastern Time

December 19, 2023 | finance.yahoo.com

Uber Eats Teams Up with Gogoro in Taiwan for Green Delivery Program Worth Nearly $30M

December 15, 2023 | finance.yahoo.com

Some Analysts Just Cut Their Gogoro Inc. (NASDAQ:GGR) Estimates

December 12, 2023 | msn.com

Taiwan's Gogoro launches e-scooters, battery swapping network in India

December 12, 2023 | msn.com

Gogoro to make e-scooter bikes in India, rolls out battery swap network

December 12, 2023 | finance.yahoo.com

Gogoro Launches Battery Swapping Ecosystem in India and Unveils India-made CrossOver Smartscooter

December 1, 2023 | finance.yahoo.com

Gogoro Launches Smartscooters and Battery Swapping in the Philippines

November 29, 2023 | finance.yahoo.com

Gogoro is First Foreign Two-wheel Vehicle OEM and Battery Swapping Provider to be Recognized by the Small Industries Development Bank of India (SIDBI)

See More Headlines

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Company Calendar

Last Earnings: 2/07/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Motor vehicles & car bodies
Sub-Industry: N/A
Current Symbol: NASDAQ:GGR
CUSIP: N/A
CIK: 1886190
Web: www.gogoro.com
Phone: 886-3273-0900
Fax: N/A
Employees: 1,892
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $4.25
High Stock Price Target: $6.30
Low Stock Price Target: $2.20
Potential Upside/Downside: +197.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.32)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-76,040,000.00
Net Margins: -21.97%
Pretax Margin: -21.74%
Return on Equity: -35.86%
Return on Assets: -11.29%

Debt

Debt-to-Equity Ratio: 1.42
Current Ratio: 1.24
Quick Ratio: 1.00

Sales & Book Value

Annual Sales: $349.85 million
Price / Sales: 1.00
Cash Flow: $0.09 per share
Price / Cash Flow: 16.63
Book Value: $1.02 per share
Price / Book: 1.40

Miscellaneous

Outstanding Shares: 245,800,000
Free Float: 234,001,000
Market Cap: $351.49 million
Optionable: Optionable
Beta: 0.39

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Key Executives

Mr. Hok-Sum Luke (Age 52)
Founder, CEO & Chairman
Mr. Bruce Morrison Aitken (Age 54)
Chief Financial Officer
Mr. Pass Liao (Age 49)
Chief Operating Officer
Mr. Ming-I Peng (Age 55)
Chief Product Officer
Mr. Alan Pan (Age 48)
Chief Revenue Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

GGR Stock Analysis - Frequently Asked Questions

Should I buy or sell Gogoro stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gogoro in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GGR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GGR, but not buy additional shares or sell existing shares.
View GGR analyst ratings or view top-rated stocks.
What is Gogoro's stock price target for 2024?: 1 brokers have issued twelve-month price targets for Gogoro's shares. Their GGR share price targets range from $2.20 to $6.30. On average, they anticipate the company's stock price to reach $4.25 in the next year. This suggests a possible upside of 197.2% from the stock's current price.
View analysts price targets for GGR or view top-rated stocks among Wall Street analysts.
How have GGR shares performed in 2024?: Gogoro's stock was trading at $2.58 on January 1st, 2024. Since then, GGR stock has decreased by 44.6% and is now trading at $1.43.
View the best growth stocks for 2024 here.
When is Gogoro's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our GGR earnings forecast.

How were Gogoro's earnings last quarter?: Gogoro Inc. (NASDAQ:GGR) issued its earnings results on Wednesday, February, 7th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by $0.10. The business earned $91.53 million during the quarter, compared to analysts' expectations of $89.01 million. Gogoro had a negative net margin of 21.97% and a negative trailing twelve-month return on equity of 35.86%.
What ETFs hold Gogoro's stock?: ETFs with the largest weight of Gogoro (NASDAQ:GGR) stock in their portfolio include SoFi Smart Energy ETF (SHFT), SoFi Smart Energy ETF (ENRG) and Invesco WilderHill Clean Energy ETF (PBW).First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).
What guidance has Gogoro issued on next quarter's earnings?: Gogoro issued an update on its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $385.0 million-$420.0 million, compared to the consensus revenue estimate of $414.6 million.
How do I buy shares of Gogoro?: Shares of GGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GGR) was last updated on 4/19/2024 by MarketBeat.com Staff

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Gogoro (GGR) Stock Price, News & Analysis

Gogoro MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Gogoro Stock (NASDAQ:GGR)

GGR Stock Price History

GGR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

GGR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™